Reg&Tech Solutions

DeepSea is our core platform for delivering data-driven solutions to our clients. It makes best use of the latest achievements within software technology to capture, organize, analyze, and present business records and insights in compliance with the existing and upcoming regulations.

DeepSea captures structured or unstructured data from the clients’ internal and external sources. The data can be streaming or at rest when it is processed and analyzed in the data pipelines developed and supported by FCG’s Reg&Tech team. The captured data is saved and archived in its original format and can be easily retrieved in full accordance with many of the latest and upcoming regulations. New data sources are easily be added for new insights or for enhancing current use cases.

The use cases for DeepSea range from automation of manual processes to use of machine learning algorithms processing streaming data for real-time fraud detection, for example.

Staying on top of regulatory changes is a challenge which faces all professionals working in the financial industry. Missing out on the latest news regarding new, updated, or changed regulations can lead to missed business opportunities, uninformed decisions, and failed implementations.

Many Sources – One Interface

FCG RegWatch is specifically designed to make it easy to keep abreast with regulatory news and updates that affect the business. RegWatch gives the professional user an intuitive user interface via standardized web browser technology, which accesses information from multiple sources.

Tracks and Compiles

RegWatch automatically tracks, collects, and compiles the news and updates from the websites of the national, regional, and supranational authorities and associations.

RegWatch stores the information it collects, creating searches and retrievals as quickly as possible.

The RegWatch Community

RegWatch is developed in close cooperation with FCG’s clients and new sources. Functionality and features will be added on a regular basis, based on feedback and requests from the user community.

Delivery Model

RegWatch is delivered on a subscription basis to professional users working for a financial institution that has a signed license and support agreement with FCG.

Each user gets their own individual login details to access the RegWatch services.

Ease of Use and Collaboration

The financial industry is heavily regulated, and the amount of regulations and their purposes are plentiful.

The user of RegWatch can add personal search criteria using one or multiple filters to make it easier to follow specific regulations.

The results from searches can also be downloaded as MS Excel files (licensed by Microsoft) for further processing or collaborations with colleagues.

FCG Oasys is a brand-new system for proactive management of outsourcing arrangements and service providers. It is built and designed in accordance with EBA’s Final Report on Guidelines on outsourcing arrangements.

Full Control and Overview

Oasys provides financial institutions with full control and a consolidated view of all their outsourcing arrangements, with a special focus on outsourcing of critical or important functions, making management of service providers efficient and secure.

Accessible Information

All details of each outsourcing arrangement are readily available to key stakeholders, such as business owners, compliance monitors, risk functions, and auditors to ensure well-informed decisions.

Easy to Use

Oasys makes it easy to record, upload, store, and track all information for each arrangement. All the details are presented in a consolidated view so that you can manage the arrangements without having to involve other systems or colleagues.

Delivery Model

The Oasys system is licensed to financial institutions on a subscription basis, including operational and system support.

The Oasys Community

Collaboration between users, departments, branches, and group companies is a cornerstone in the design of Oasys. The system supports different user roles and permissions so that the full value of the system can be leveraged.